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Title: The Rate of Return to Schooling and the Business Cycle
Resulting in 1 citation.
1. Kniesner, Thomas J.
Padilla, Arthur H.
Polachek, Solomon W.
The Rate of Return to Schooling and the Business Cycle
Journal of Human Resources 13,2 (Spring 1978): 264-277.
Also: http://www.jstor.org/stable/145361
Cohort(s): Older Men, Young Men
Publisher: University of Wisconsin Press
Keyword(s): Business Cycles; Educational Returns; Employment; School Quality; Schooling; Wages

This study illustrates two avenues through which the business cycle affects the rate of return to schooling. The results show that the degree to which the increased relative black rate of return is attributable to comparative gains in school quality may be overstated. Evidence shows that the relative rate of return for young whites is directly related to the incidence of unemployment.
Bibliography Citation
Kniesner, Thomas J., Arthur H. Padilla and Solomon W. Polachek. "The Rate of Return to Schooling and the Business Cycle." Journal of Human Resources 13,2 (Spring 1978): 264-277.